Competition in the Marketplace

BY: Alanis Saunders

Competition in the Marketplace

BY: Alanis Saunders

The free market place is ran in a manner that will benefit by achieving goals. The price of free market company will very from one company to another if the company raises its price to high they will not get any customers and if the price is to low they won't make any money.

Competing Products

CocaCola and Pepsi are two major competing products. They both have multiple different drinks, and are always changing their prices, according to what the others' prices are. Then off brands make "knock off drinks", which are basically the same drinks that Pepsi and CocaCola make but with different names and cheaper prices.